No. 1: Save half of your paycheck every time; set up direct transfers so you never see it.
No. 2: Invest three-quarters of those savings long-term (mutual funds, etc) and one-quarter short-term (savings account).
No. 3: Use a credit card to build credit, but pay it off every month.
These three rules helped me to build wealth and self-discipline in my 20’s when I had the least responsibility so that I could have way more options than my 30-something counterparts. The choices you make now, both good and bad, will compound in your future.
All the best!
– Natalie Mele